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Trezor, the official X account of hardware wallet Trezor, has published multiple criminal posts highlighting fraudulent presale token offerings and the suspected results of a suspected SIM-swap attack.
Sharing of Suspected Activity
Community alert: Trezor X/Twitter account is currently compromised pic.twitter.com/hNm2OUjEgE
— ZachXBT (@zachxbt) March 19, 2024
ZachXBT, the independent blockchain detective, has informed his half a million followers on X of Trezor’s suspected breach in a March 19 Tweet. The other X user @realScamSniffer (Scam Sniffer, Web3 Anti-Scam) has also highlighted the suspected fraud ten minutes after ZachXBT’s post.
🚨 Trezor X account is currently compromised. pic.twitter.com/Hm4Q3JOGje
— Scam Sniffer | Web3 Anti-Scam (@realScamSniffer) March 19, 2024
Details of Suspected Activities of Trezor
The official Trezor account has shared several posts highlighting the “$TRZR” presale token on the Solana networks, asking users to send funds to a Solana wallet address and including links directing users to wallet drainers.
ZachXBT has noted that the hacker had roughly stolen $8,100 from Trezor’s Zapper account. He wrote in the follow-up comment, “Imagine hacking the Trezor account only to steal $8.1K (includes 25% drainer fee).”
The post also referenced a new memecoin on Solana, Serf. The new memecoin is most likely referenced as a method to drum up further engagement. Notably, several nefarious posts were deleted immediately after they were uploaded.
Latest Incidents Surrounding Trezor
The latest incident involving Trezor was described as a major loss by John Holmquist, a crypto commentator and X user, who claimed the hard wallet manufacturer was not using two-factor authentication (2FA) to secure its X account.
To focus on the security features, “Please take account security more seriously.”
Other X users, including Pledditor, found it weird that a security-focused hardware wallet firm could not secure its own social media account.
Another X user, DigitalHustlerX, said, “It’s hard, funny, and shameful at the same damn time” that they don’t take their own advice.”
Famous media reporters and analysts in the crypto industry have reached out to SatoshiLabs, the company behind Trezor, to get updates on the security of the account and application. However, none of them got a response immediately.
Trezor experienced a breach in January that exposed the contact information of nearly 66,000 users.
According to the firm’s website, Trezor has sold more than two million hardware wallets to customers since it launched in 2012. The company currently has three products in its product portfolio, which collectively can store more than 9,000 coins online for its users.
Anurag is working as a fundamental writer for The Coin Republic since 2021. He likes to exercise his curious muscles and research deep into a topic. Though he covers various aspects of the crypto industry, he is quite passionate about the Web3, NFTs, Gaming, and Metaverse, and envisions them as the future of the (digital) economy. A reader & writer at heart, he calls himself an “average guitar player” and a fun footballer.
